This course covers theory, concepts, and practices underlying the principles of managerial and corporate finance. The Learning Outcomes include the topics as noted on the syllabus. In addition to gaining knowledge of the topics noted, students should demonstrate critical thinking skills and demonstrate ability to apply the knowledge gained in this course to new situations and problems. The course is a mixture of lectures, interactive discussion and problem solving. It provides an overview of the basic concepts of and principles of finance in the private sector. Where possible, we will discuss the differences between the private and public sectors and the implications for the Department of Defense. It is designed to provide insights into the financial decision making processes encountered by commercial enterprises. The major emphasis is on the financial environment, valuation models, risk and return analysis, cost of capital determination, optimal capital structure, and short-term and long-term financing.